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PINC

PINC - Premier Inc Stock Price, Fair Value and News

19.47USD-0.14 (-0.71%)Delayed as of 09 May 2024, 09:53 am ET

Market Summary

PINC
USD19.47-0.14
Delayedas of 09 May 2024, 09:53 am
-0.71%

PINC Alerts

  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

PINC Stock Price

View Fullscreen

PINC RSI Chart

PINC Valuation

Market Cap

2.1B

Price/Earnings (Trailing)

31.61

Price/Sales (Trailing)

1.54

EV/EBITDA

8.79

Price/Free Cashflow

9.69

PINC Price/Sales (Trailing)

PINC Profitability

Operating Margin

66.20%

EBT Margin

7.33%

Return on Equity

3.38%

Return on Assets

1.93%

Free Cashflow Yield

10.32%

PINC Fundamentals

PINC Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

6.32%

Rev. Growth (Qtr)

2.35%

PINC Earnings

Earnings (TTM)

65.0M

Earnings Growth (Yr)

-201.05%

Earnings Growth (Qtr)

-192.99%

Breaking Down PINC Revenue

52 Week Range

19.3628.30
(Low)(High)

Last 7 days

-6.9%

Last 30 days

-8.2%

Last 90 days

-6.9%

Trailing 12 Months

-27.8%

How does PINC drawdown profile look like?

PINC Financial Health

Current Ratio

0.93

Debt/Equity

0.01

Debt/Cashflow

11.88

PINC Investor Care

Dividend Yield

1.07%

Dividend/Share (TTM)

0.21

Buy Backs (1Y)

11.97%

Diluted EPS (TTM)

0.64

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.3B000
20231.3B1.3B1.3B1.3B
20221.6B1.4B1.4B1.4B
20211.6B1.7B1.7B1.7B
20201.3B1.3B1.3B1.4B
20191.2B1.2B1.2B1.2B
20181.3B1.2B1.2B1.2B
20171.4B1.5B1.4B1.4B
20161.1B1.2B1.2B1.3B
20151.2B1.0B1.0B1.1B
2014653.8M1.0B1.0B1.0B
2013700.5M724.9M766.9M769.4M
20120651.8M0676.2M
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Tracking the Latest Insider Buys and Sells of Premier Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Dec 04, 2023
bigalke john t.
acquired
-
-
7,333
-
Dec 04, 2023
boudreau helen m
acquired
-
-
7,333
-
Dec 04, 2023
statuto richard j.
acquired
-
-
7,333
-
Dec 04, 2023
miller marc d
acquired
-
-
7,333
-
Dec 04, 2023
fine peter
acquired
-
-
7,333
-
Dec 04, 2023
o'quinn marvin r
acquired
-
-
7,333
-
Dec 04, 2023
davids jody r
acquired
-
-
7,333
-
Dec 04, 2023
wolf ellen c
acquired
-
-
7,333
-
Nov 09, 2023
klatsky david l
sold
-
-
-3,773
general counsel
Aug 25, 2023
climer crystal
acquired
-
-
7,455
chief accounting officer

1–10 of 50

Which funds bought or sold PINC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 07, 2024
Illinois Municipal Retirement Fund
reduced
-1.69
-43,000
1,486,000
0.02%
May 07, 2024
Headlands Technologies LLC
reduced
-10.64
-51,297
387,988
0.09%
May 07, 2024
Swiss National Bank
unchanged
-
-61,337
5,213,660
-%
May 07, 2024
QRG CAPITAL MANAGEMENT, INC.
new
-
418,143
418,143
-%
May 07, 2024
Inspire Investing, LLC
reduced
-6.04
-27,540
358,550
0.04%
May 07, 2024
Arizona State Retirement System
reduced
-1.69
-21,207
726,847
-%
May 07, 2024
SEI INVESTMENTS CO
reduced
-34.42
-1,375,930
2,535,120
-%
May 07, 2024
CLARK ESTATES INC/NY
unchanged
-
-39,260
3,337,100
0.55%
May 07, 2024
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-19.95
-701,000
2,654,000
-%
May 07, 2024
PANAGORA ASSET MANAGEMENT INC
sold off
-100
-204,124
-
-%

1–10 of 46

Are Funds Buying or Selling PINC?

Are funds buying PINC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PINC
No. of Funds

Unveiling Premier Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
11.88%
14,213,088
SC 13G/A
Jan 23, 2024
blackrock inc.
13.6%
16,282,424
SC 13G/A
Oct 06, 2023
blackrock inc.
13.0%
15,482,179
SC 13G
Sep 19, 2023
millennium management llc
0.6%
681,354
SC 13G
Jun 08, 2023
blackrock inc.
4.9%
5,887,920
SC 13G/A
Feb 03, 2023
blackrock inc.
5.0%
5,983,044
SC 13G
Jan 10, 2023
vanguard group inc
10.31%
12,248,397
SC 13G/A
Apr 08, 2022
blackrock inc.
4.99%
5,948,825
SC 13G/A
Feb 09, 2022
river road asset management, llc
5.2%
6,206,158
SC 13G
Feb 08, 2022
river road asset management, llc
4.4%
5,269,380
SC 13G/A

Recent SEC filings of Premier Inc

View All Filings
Date Filed Form Type Document
May 08, 2024
8-K
Current Report
May 07, 2024
10-Q
Quarterly Report
Apr 16, 2024
8-K
Current Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 07, 2024
8-K
Current Report
Feb 06, 2024
10-Q
Quarterly Report

Peers (Alternatives to Premier Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
463.9B
371.6B
10.35% 2.61%
20.73
1.25
14.64% 11.24%
98.7B
206.0B
-2.97% 32.18%
25.6
0.48
12.55% -43.95%
81.0B
66.7B
-5.69% 12.88%
14.81
1.21
9.59% -4.59%
68.9B
360.9B
-26.25% -21.54%
9.41
0.19
9.07% 78.49%
40.5B
155.5B
3.95% 12.19%
14.8
0.26
6.34% 84.42%
11.9B
12.3B
1.61% 34.91%
14.61
0.97
5.77% 58.74%
11.4B
14.7B
-1.27% 18.38%
13.95
0.78
7.99% 19.23%
MID-CAP
8.7B
2.3B
-8.25% 4.64%
30.56
3.78
5.96% 18.29%
6.1B
3.0B
-12.48% -3.87%
-542.41
2.05
10.92% -104.06%
2.3B
3.8B
2.67% -35.23%
10.84
0.6
-27.73% -52.50%
2.1B
1.4B
-9.72% 19.70%
34.78
1.52
21.19% 34.42%
SMALL-CAP
1.8B
1.1B
5.80% 29.14%
26.7
1.61
11.45% 30.74%
1.4B
3.0B
1.30% 77.47%
-7.76
0.44
4.98% 4.88%
55.0M
-
-4.65% -8.89%
-3.76
-
- -12.94%
19.3M
21.3M
3.37% 9.25%
36.22
0.91
8.00% -62.25%

Premier Inc News

Latest updates
Defense World • 8 hours ago
Yahoo Finance UK • 26 hours ago
Seeking Alpha • 07 May 2024 • 01:41 pm
Yahoo Canada Finance • 07 May 2024 • 01:30 pm
Yahoo Finance • 07 May 2024 • 11:40 am
Defense World • 05 May 2024 • 07:21 am
Simply Wall St • 30 Apr 2024 • 10:27 am
Business Wire • 3 months ago

Premier Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue2.3%343335319340322360314341348379365482470423347343335320302316301
Cost Of Revenue7.8%12211310810810311711211713514315326225821215213810310091.0098.0086.00
Gross Profit-0.4%220221211232219243202224212237212220212211195204232219211218215
Operating Expenses92.2%29915615220015715514317115615914015614614113816213099.00127133127
  S&GA Expenses101.3%28614213818514414113215914414712814413513012414511586.00114119113
  R&D Expenses-28.8%1.001.001.002.001.001.001.001.001.001.001.001.001.001.001.001.001.001.000.000.000.00
EBITDA Margin-37.1%0.17*0.27*0.28*0.29*0.30*0.28*0.27*0.32*0.30*0.28*0.26*----------
Income Taxes-181.3%-15.6619.0014.0015.0017.0024.0019.0018.0015.006.0019.0011.0013.0017.00-94.9814.004.0065.0010.008.0012.00
Earnings Before Taxes-189.9%-64.8372.0056.0034.0066.0088.0062.0049.0054.0084.0014062.0065.0062.0063.0070.0077.0015681.0078.0087.00
EBT Margin-57.8%0.07*0.17*0.18*0.19*0.20*0.19*0.18*0.23*0.22*0.21*0.19*----------
Net Income-193.0%-49.1653.0042.0019.0049.0064.0043.0031.0039.0077.0012151.0051.0045.0015855.0073.0092.0071.0023.0074.00
Net Income Margin-60.7%0.05*0.12*0.13*0.13*0.14*0.13*0.14*0.19*0.18*0.18*0.15*----------
Free Cashflow283.5%136-74.2961.0090.0011410256.0083.0011912134.00----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-12.2%3,3643,8333,8503,3713,5133,5393,4203,3573,5153,4513,5673,5233,6823,5113,4422,9493,0632,6162,5952,5702,684
  Current Assets-31.9%6759901,002642651674739646756728833782889786718618752575577614635
    Cash Equivalents-83.3%62.0037145390.0091.0095.0017786.0018086.0018412913310912099.00242112125141138
  Inventory6.9%78.0073.0070.0077.0094.0011612412013014816917622517814371.0049.0053.0052.0051.0065.00
  Net PPE-5.4%206218211212207207209213223225226224224221214207204200203205212
  Goodwill-1.6%9961,0121,0121,0121,0691,06961.001,0001,0001,0001,0001,0001,000942943942930907881881-
Liabilities-0.1%1,4401,4421,4971,0371,1771,2331,1581,1081,2821,1731,2391,2931,4671,3381,3071,0891,2639459049091,046
  Current Liabilities4.6%726694771815900934838753863723757717853705668496686450411458588
  Long Term Debt-26.00--102-----------5.00---6.00-
    LT Debt, Current-102--316-----------80.0025551.001.0028.00152
    LT Debt, Non Current----------------5.00---6.00-
Shareholder's Equity-19.5%1,9232,3902,3532,3342,3362,3062,2612,2492,2342,2792,3282,2302,1912,1492,111139141----
  Retained Earnings-85.1%67.00453424405410388349332332318267169167142121---409-39.89-775-499
  Additional Paid-In Capital-3.7%2,1052,1862,1772,1782,1752,1672,1612,1662,1502,1362,1032,0592,0472,0302,012139141----
Accumulated Depreciation2.6%721703683663643622601579574559538518503487470453432409384359347
Shares Outstanding-7.1%111120119119119119118120119121123117---------
Float------4,125---4,894---4,184---2,399---
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations433.1%155-46.5082.0011313412275.0010913714255.0021576.0085.0031.0092.0030.00120107137156
  Share Based Compensation-2.8%8.008.007.00-2.647.003.007.008.0014.0016.008.008.0013.007.007.002.008.008.004.009.007.00
Cashflow From Investing79.0%-5.83-27.80-21.27-23.84-22.32-207-20.23-26.38-44.40-21.61-47.05-25.28-102-21.93-24.95-50.37-86.18-57.51-28.273.00-25.67
Cashflow From Financing-5713.7%-458-7.88303-91.23-1153.0036.00-1760.00-21847.00-19350.00-74.8715.00-184186-75.94-94.82-136-103
  Buy Backs---------76.0013638.00-----2.0011731.001.00145
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PINC Income Statement

2023-12-31
Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Net revenue:    
Net revenue$ 334,745$ 359,626$ 653,497$ 673,499
Cost of revenue:    
Cost of revenue113,462116,885221,632228,773
Gross profit221,283242,741431,865444,726
Operating expenses:    
Selling, general and administrative142,150140,528280,210272,578
Research and development9281,0001,7911,975
Amortization of purchased intangible assets12,51213,04725,20023,499
Operating expenses155,590154,575307,201298,052
Operating income65,69388,166124,664146,674
Equity in net (loss) income of unconsolidated affiliates(666)1,674(2,392)9,917
Interest income (expense), net2,438(4,631)2,633(7,490)
Other income, net4,6792,9303,587766
Other income (expense), net6,451(27)3,8283,193
Income before income taxes72,14488,139128,492149,867
Income tax expense19,27823,76533,21642,534
Net income52,86664,37495,276107,333
Net loss (income) attributable to non-controlling interest1,436(328)3,787(571)
Net income attributable to stockholders54,30264,04699,063106,762
Comprehensive income:    
Net income52,86664,37495,276107,333
Comprehensive loss (income) attributable to non-controlling interest1,436(328)3,787(571)
Foreign currency translation gain (loss)26123(9)
Comprehensive income attributable to stockholders$ 54,328$ 64,047$ 99,086$ 106,753
Weighted average shares outstanding:    
Basic (in shares)119,702118,787119,523118,569
Diluted (in shares)120,057119,652120,095119,842
Earnings per share attributable to stockholders:    
Basic (in dollars per share)$ 0.45$ 0.54$ 0.83$ 0.90
Diluted (in dollars per share)$ 0.45$ 0.54$ 0.82$ 0.89
Services and software licenses    
Net revenue:    
Net revenue$ 278,964$ 292,633$ 547,131$ 547,645
Cost of revenue:    
Cost of revenue65,99055,265130,122109,279
Net administrative fees    
Net revenue:    
Net revenue149,563154,423298,590304,429
Software licenses, other services and support    
Net revenue:    
Net revenue129,401138,210248,541243,216
Products    
Net revenue:    
Net revenue55,78166,993106,366125,854
Cost of revenue:    
Cost of revenue$ 47,472$ 61,620$ 91,510$ 119,494

PINC Balance Sheet

2023-12-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Jun. 30, 2023
Assets  
Cash and cash equivalents$ 371,110$ 89,793
Accounts receivable (net of $2,394 and $2,878 allowance for credit losses, respectively)122,300115,295
Contract assets (net of $1,137 and $885 allowance for credit losses, respectively)331,727299,219
Inventory72,76676,932
Prepaid expenses and other current assets92,35460,387
Total current assets990,257641,626
Property and equipment (net of $703,148 and $662,554 accumulated depreciation, respectively)218,050212,308
Intangible assets (net of $290,884 and $265,684 accumulated amortization, respectively)404,830430,030
Goodwill1,012,3551,012,355
Deferred income tax assets808,562653,629
Deferred compensation plan assets48,79250,346
Investments in unconsolidated affiliates229,434231,826
Operating lease right-of-use assets24,43929,252
Other assets95,809110,115
Total assets3,832,5283,371,487
Liabilities and stockholders' equity  
Accounts payable54,25254,375
Accrued expenses50,94647,113
Revenue share obligations279,855262,288
Accrued compensation and benefits53,79860,591
Deferred revenue20,69224,311
Line of credit and current portion of long-term debt1,008216,546
Current portion of liability related to the sale of future revenues35,8000
Other current liabilities96,75050,574
Total current liabilities693,695815,463
Liability related to the sale of future revenues, less current portion579,4090
Deferred compensation plan obligations48,79250,346
Operating lease liabilities, less current portion16,01621,864
Other liabilities53,41347,202
Total liabilities1,442,3191,037,132
Commitments and contingencies (Note 14)
Stockholders' equity:  
Treasury stock, at cost; 6,429,375 shares at both December 31, 2023 and June 30, 2023(250,129)(250,129)
Additional paid-in capital2,186,1152,178,134
Retained earnings452,946405,102
Accumulated other comprehensive income (loss)15(8)
Total stockholders' equity2,390,2092,334,355
Total liabilities and stockholders' equity3,832,5283,371,487
Related Party  
Liabilities and stockholders' equity  
Current portion of notes payable to former limited partners100,59499,665
Long-term debt, less current portion and Notes payable to former limited partners, less current portion50,994101,523
Nonrelated Party  
Liabilities and stockholders' equity  
Long-term debt, less current portion and Notes payable to former limited partners, less current portion0734
Class A Common Stock  
Stockholders' equity:  
Class A common stock, $0.01 par value, 500,000,000 shares authorized; 126,245,859 shares issued and 119,816,484 shares outstanding at December 31, 2023 and 125,587,858 shares issued and 119,158,483 shares outstanding at June 30, 2023$ 1,262$ 1,256
PINC
Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates in two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with an access to a range of products and services, including medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, and food and nutritional products, as well as purchased services, such as clinical engineering and workforce solutions. This segment also provides the ASCENDrive programs for members to receive group purchasing programs, tiers, and prices; SURPASS Performance Group services; and STOCKD, an e-commerce platform, as well as direct sourcing business; SaaS informatics products; supply chain co-management services; purchased services contracts; direct sourcing solutions; and supply chain resiliency programs. The Performance Services segment provides technology and services platform with offerings that help optimize performance in three main areas, including clinical intelligence, margin improvement, and value-based care under the PINC AI brand; third party administrator services and management of health benefit programs under the Contigo Health brand; and digital invoicing and payables services that offers financial support services to healthcare product suppliers and service providers under the Remitra brand. The company was incorporated in 2013 and is based in Charlotte, North Carolina.
 CEO
 WEBSITEpremierinc.com
 INDUSTRYHealthcare Plans
 EMPLOYEES2800

Premier Inc Frequently Asked Questions


What is the ticker symbol for Premier Inc? What does PINC stand for in stocks?

PINC is the stock ticker symbol of Premier Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Premier Inc (PINC)?

As of Wed May 08 2024, market cap of Premier Inc is 2.06 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PINC stock?

You can check PINC's fair value in chart for subscribers.

What is the fair value of PINC stock?

You can check PINC's fair value in chart for subscribers. The fair value of Premier Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Premier Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PINC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Premier Inc a good stock to buy?

The fair value guage provides a quick view whether PINC is over valued or under valued. Whether Premier Inc is cheap or expensive depends on the assumptions which impact Premier Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PINC.

What is Premier Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, PINC's PE ratio (Price to Earnings) is 31.61 and Price to Sales (PS) ratio is 1.54. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PINC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Premier Inc's stock?

In the past 10 years, Premier Inc has provided -0.031 (multiply by 100 for percentage) rate of return.